Singapore was ranked third among the 50 future-ready economies around the world in Dell's Future-Ready Economies Model.
The model scores high-growth global metropolitan areas based on attributes that enable people and organisations to access new tools and new ideas that deliver better connectivity, better economic performance - and a greater ability to attract talent.
The cities positioned in the Global 50 ranking were evaluated along three dimensions:
- Human capital: A Future-Ready Economy has people equipped with the right skills to drive meaningful social and economic change.
- Infrastructure: A Future-Ready Economy has the infrastructure necessary to support the people, businesses, and technology that enable progress over time.
- Commerce: A Future-Ready Economy provides sustained opportunities for businesses to accelerate innovation, growth and profitability.
"Singapore scored highly as a Future-Ready Economy for being a trusted place to do business and its ability to attract talent and ideas. Singapore's ability to provide access to Asia's emerging markets was also a plus. Cities can work towards future readiness in many ways and Singapore has exhibited this capability through numerous initiatives in its drive to build the world's first Smart Nation," said Ng Tian Beng,Vice President and Managing Director for South Asia and Korea at Dell.
Other APAC countries that made it to the list are: Sydney (ranked 10th), Seoul-Incheon (12th), Beijing (24th), Hong Kong (25th), Taipei (27th), Shanghai (28th), Guangzhou (31st), Tokyo (32nd), Delhi (44th), Suzhou (45th), Jakarta (47th), Tianjin (48th) and Shenzhen (49th).
Research for the Dell Future-Ready Economies Model began during the 2015 Strategic Innovation Summit hosted by the Technology and Entrepreneurship Center at Harvard University in September 2015. It is based on analysis conducted by economic data forecasting and analytics firm IHS.
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